SEOUL, Oct. 23 (Korea Bizwire) – In the current bond purchasing trend, individual investors are transitioning from bonds with maturities exceeding 10 years to short-term bonds with maturities of less than one year. As interest rates surge and bond prices decline, driven by the Federal Reserve’s indication of a prolonged tightening stance, individual investors are displaying [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korean companies are choosing to reduce the issuance of corporate bonds and are instead turning to bank loans to secure funds during an unexpectedly prolonged period of high interest rates, data showed Monday. Net repayments in the corporate bond market have shown a consistent upward trend, with the [...]
SEOUL, Nov. 7 (Korea Bizwire) – Foreign currency-denominated securities sold by South Korean financial institutions have taken a big hit from a local insurer’s recent decision not to exercise a call option for long-term hybrid bonds, which is widely feared to negatively affect their future overseas issues. A week ago, second-tier insurer Heungkuk Life Insurance [...]
WASHINGTON/SEOUL, Oct. 16 (Korea Bizwire) — South Korea plans to begin exempting taxes on interest income and capital gains from foreigners’ investment in government bonds this week, in line with efforts to cope with the volatility in the foreign exchange market, the finance ministry said Sunday. “The measures were needed amid the lingering volatility in [...]
SEOUL, Feb. 26 (Korea Bizwire) — Foreign investors are flocking to the safety of South Korean bonds after pulling out of stocks this year amid the spread of the new coronavirus, data showed Wednesday. Offshore investors held 129.7 trillion won (US$107 billion) worth of listed government and corporate bonds as of Monday, up about 6 [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korean investors are shifting their money into stocks out of safer bonds as risk appetite perks up on eased concerns over the U.S.-China trade spat, data showed Monday. Funds reserved for local stocks registered a net inflow of slightly over 320 billion won (US$276 million) in the one-month [...]
SEOUL, Feb. 22 (Korea Bizwire) – South Korea’s short-term foreign debt rose 0.8 percent in 2016 from a year earlier, central bank data showed Wednesday. The country’s short-term external debt, with a maturity of one year or less, totaled US$105.2 billion as of the end of 2016, up $800 million from the end of 2015, [...]
SEJONG, Aug. 16 (Korea Bizwire) – South Korea is considering selling state bonds that mature in 50 years as part of efforts to manage fiscal policy in a more stable manner, the finance ministry here said Tuesday. It will decide the exact timing of the issuance and detailed terms and conditions, as well as the [...]
SEOUL, August 3 (Korea Bizwire) – With interest rates remaining at record lows for an extended period of time, the popularity of alternative investments is on the rise. These alternative investments – assets other than the typical stocks, bonds, or cash – have the potential to yield high returns, at the cost of increased risk compared [...]
SEOUL, June 10 (Korea Bizwire) – South Korean investors are piling into high-yield corporate bonds with relatively high risk in search of bigger returns as the country’s interest rates are at rock bottom, sources said Friday. Trading of these so-called mezzanine bonds have recently been active as investors are drawn to debt that offers a higher [...]